Update on data theft

I’m still getting emails about my credit card columnon Wednesday, many asking what can be done. It’s worth noting that more than 20 bills about data breaches are pending in Congress and more than 200 are working their way through state legislatures, the Wall Street Journal reports.

Given what happened with the bankruptcy bill earlier this year, don’t expect any laws, at least at the federal level, that will hold the card industry accountable.